Goldman Sachs Group Inc. Purchases 1,884,188 Shares of Invitation Home $INVH

Goldman Sachs Group Inc. raised its position in Invitation Home (NYSE:INVH) by 53.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,377,502 shares of the company’s stock after purchasing an additional 1,884,188 shares during the period. Goldman Sachs Group Inc.’s holdings in Invitation Home were worth $149,441,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Aurora Investment Managers LLC. purchased a new position in Invitation Home in the 4th quarter worth $2,740,000. NEOS Investment Management LLC raised its position in Invitation Home by 67.6% in the 3rd quarter. NEOS Investment Management LLC now owns 129,618 shares of the company’s stock worth $3,802,000 after purchasing an additional 52,296 shares during the period. Swiss Life Asset Management Ltd raised its position in Invitation Home by 189.8% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 138,276 shares of the company’s stock worth $4,056,000 after purchasing an additional 90,554 shares during the period. Jefferies Financial Group Inc. purchased a new position in Invitation Home in the 3rd quarter worth $1,549,000. Finally, Tudor Investment Corp ET AL raised its position in Invitation Home by 570.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 130,998 shares of the company’s stock worth $3,842,000 after purchasing an additional 111,461 shares during the period. 96.79% of the stock is owned by institutional investors.

Invitation Home Price Performance

Shares of NYSE INVH opened at $30.06 on Monday. Invitation Home has a 1 year low of $24.25 and a 1 year high of $34.25. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.02 and a quick ratio of 0.02. The company’s 50-day moving average is $27.58 and its 200 day moving average is $27.02. The stock has a market capitalization of $17.86 billion, a P/E ratio of 31.65, a P/E/G ratio of 3.53 and a beta of 0.85.

Invitation Home (NYSE:INVH) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. Invitation Home had a net margin of 20.88% and a return on equity of 6.29%. The company had revenue of $579.00 million for the quarter, compared to analysts’ expectations of $689.92 million. During the same quarter in the previous year, the company earned $0.48 earnings per share. Invitation Home’s quarterly revenue was up 8.8% on a year-over-year basis. Invitation Home has set its FY 2026 guidance at 1.900-1.980 EPS. On average, sell-side analysts expect that Invitation Home will post 1.89 earnings per share for the current year.

Invitation Home Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, March 26th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 26th. This represents a $1.20 annualized dividend and a dividend yield of 4.0%. Invitation Home’s payout ratio is currently 126.32%.

Analysts Set New Price Targets

A number of brokerages recently commented on INVH. UBS Group decreased their target price on shares of Invitation Home from $35.00 to $32.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Royal Bank Of Canada lifted their target price on shares of Invitation Home from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Oppenheimer decreased their target price on shares of Invitation Home from $38.00 to $31.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Cfra cut shares of Invitation Home from a “hold” rating to a “sell” rating and decreased their target price for the stock from $29.00 to $27.00 in a research report on Wednesday, May 27th. Finally, Evercore restated an “outperform” rating and issued a $32.00 price objective on shares of Invitation Home in a research report on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $31.50.

About Invitation Home

Invitation Homes (NYSE: INVH) is a real estate investment trust that specializes in the ownership, operation and leasing of single-family rental homes across the United States. The company focuses on acquiring suburban and urban-adjacent single-family residences and managing them as rental properties for households seeking professionally managed, long-term housing alternatives to traditional homeownership or multifamily rentals.

Operationally, Invitation Homes is involved in the full lifecycle of the single-family rental business: sourcing and acquiring homes, performing renovations and ongoing maintenance, marketing and leasing properties, and providing property management and resident services.